NewsBTC •
May 9, 2026 at 05:20 •
Analysis
The heaviest resistance sitting above Bitcoin’s current price isn’t a round number or a chart pattern — it’s the break-even point of millions of holders who bought in during the past year and are still underwater. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days One Level Controls The Narrative A CryptoQuant market expert says the “bottom is in” crowd is getting ahead of the data. According to the analyst, Bitcoin must reclaim $88,880 and hold it before any bottom call can be treated as credible. Simply touching that level won’t cut it. The price needs to close above it and stay there — otherwise, the rally is just noise. The reasoning centers on realized price bands, a metric that tracks the average cost basis of different gr...
